Jfrog Ltd Stock Price, News & Analysis

JFrog, a leader in liquid software solutions, announces its participation in two upcoming investor conferences. The Wells Fargo TMT Summit will host JFrog on December 2, 2020, at 9:00 am PT, followed by the Morgan Stanley Future of Application Development Conference on December 9, 2020, at 9:45 am PT. Live webcasts and replays can be accessed via the company's investor relations website. JFrog is dedicated to enhancing software delivery through its comprehensive multi-cloud DevOps platform, trusted by many Fortune 100 companies.

JFrog Ltd. (NASDAQ: FROG) announced an early release of 25% of its ordinary shares from lock-up agreements, effective November 25, 2020. This release comes ahead of the scheduled end of the restricted period due to fulfilled conditions as of November 20, 2020. The shares will be eligible for sale in the public market, coinciding with JFrog's standard quarterly trading blackout period starting on December 14, 2020. JFrog aims to streamline software delivery with its multi-cloud DevOps platform, trusted by many Fortune 100 companies.

JFrog Ltd. (NASDAQ: FROG) reported a significant 40% revenue increase in Q3 2020, reaching $38.9 million, with 46% year-to-date growth totaling $108.1 million. The company achieved a record free cash flow of $9.7 million and raised $393 million from its IPO. GAAP net loss per diluted share was $0.14, while non-GAAP net income was $0.05. JFrog anticipates Q4 revenue between $40.9 million and $41.9 million, with a positive outlook for 2020. The company concluded Q3 with 313 customers generating over $100,000 in ARR.

JFrog Ltd. (NASDAQ: FROG) announced it will report its financial results for Q3 2020 on November 4, 2020, after market close. A conference call will be held at 2:00 p.m. PT (5:00 p.m. ET) to discuss the results. JFrog focuses on enabling continuous software updates, with over 5,800 customers relying on its solutions across major cloud platforms such as AWS, Microsoft Azure, and Google Cloud.

JFrog has announced the general availability of a free subscription for its universal, hybrid, and multi-cloud DevOps Platform. This offering includes essential DevSecOps capabilities and is accessible on major cloud providers such as AWS, Microsoft Azure, and Google Cloud. Key features include JFrog Artifactory for package management, JFrog Xray for vulnerability scanning, and JFrog Pipelines for CI/CD solutions. Users will have access to up to 2GB of storage, 10GB of monthly data transfer, and 2,000 CI/CD pipeline minutes each month. This initiative aims to empower developers with enterprise-grade tools at no cost.

JFrog Ltd. (FROG) announced the appointment of Micheline Nijmeh as Chief Marketing Officer, aiming to enhance its leadership in the Continuous Software Release Management (CSRM) market. Nijmeh brings extensive experience from her previous roles at Zscaler, Xactly, Salesforce, and Sun Microsystems, where she transformed marketing strategies and elevated brands. JFrog's vision is to empower developers through Liquid Software, ensuring reliable software releases. The company serves over 5,800 customers globally and aims for further growth despite uncertainties highlighted in its forward-looking statements.

JFrog Ltd. (FROG) announces the appointment of Micheline Nijmeh as Chief Marketing Officer, aiming to strengthen its leadership in the Continuous Software Release Management market. Nijmeh brings a wealth of experience from past roles at Zscaler and Xactly, focusing on driving revenue growth through innovative marketing strategies. The company emphasizes the importance of continuous and secure software release to maintain competitiveness amidst digital transformation trends.

JFrog Ltd. has completed its initial public offering, closing on September 18, 2020, with the sale of 13,303,450 ordinary shares at $44.00 per share. This offering included 3,568,218 shares from existing shareholders and the underwriters' option to purchase 1,735,232 shares. JFrog's net proceeds are estimated at $393.1 million after expenses. Shares began trading on Nasdaq under the symbol FROG on September 16, 2020. Morgan Stanley, J.P. Morgan, and BofA Securities led the offering.

JFrog Ltd. (NASDAQ: FROG) has announced the pricing of its initial public offering (IPO) of 11,568,218 ordinary shares at $44.00 per share. Out of these, 8,000,000 shares are offered by JFrog, and 3,568,218 by existing shareholders, with no proceeds going to JFrog from the latter. The IPO, which includes an option for underwriters to purchase an additional 1,735,232 shares, is expected to close on September 18, 2020, following its trading debut on the Nasdaq Global Select Market on the same day.